Another South Island pet food company in voluntary liquidation – The Press
Another South Island pet food company in voluntary liquidation The Press Read the original article here
PSV Holdings shuts down after 27 years – Innovation Village
PSV Holdings Limited will officially exit the Johannesburg Stock Exchange (JSE) after enduring nearly six years of financial distress, business rescue attempts, and eventual liquidation proceedings. Founded in 1998, PSV Holdings operated as an industrial engineering group, supplying essential industrial products such as steel and tools, alongside specialized services like gas systems. Its diverse client…
REVEALED: Latest business liquidations in Brisbane – The Courier Mail
REVEALED: Latest business liquidations in Brisbane The Courier Mail Read the original article here
Golden Gate Capital Insurer PHL Veers to Liquidation as Rehab Hopes Fade
(Bloomberg) — State regulators are abandoning a plan to rehabilitate PHL Variable Insurance Co. and may pursue liquidation instead, after finding that the struggling life insurer — acquired by private equity firm Golden Gate Capital a decade ago — is in worse shape than previously thought. Authorities said they may also sue Golden Gate and…
Aimco outlines plan to liquidate, sell assets and return cash to investors | AIV SEC Filing
THE PLAN OF SALE AND LIQUIDATION The following is a summary of features of the Plan of Sale and Liquidation. This summary may not contain all of the information about the Plan of Sale and Liquidation that is important to you. We encourage you to carefully read this entire proxy statement, including the Plan of…
High Court Was Not Inclined To Interfere TGSPDCL Demand Notice Of Amount Rs 4.21 Crore To M/s Sanghi Companies
Hyderabad: Industries of the Sanghi Group at Sanghinagar, Hayatnagar, were on the verge of power supply disconnection on Friday. The Telangana High Court was not inclined to intervene in the demand notices issued to the group to pay over Rs 4.21 crore in long-pending grid support charges (GSC) and interest, termed as surcharge, for the…
Aggressive Insolvency-Based Legal Tools For Debt Recovery In Nigeria. – Insolvency/Bankruptcy
Insolvency in Nigeria, whether corporate or personal, functions both as a mechanism for addressing financial distress and as a strategic legal tool for creditors seeking to recover outstanding debts. Its procedures exert considerable pressure on defaulting debtors and often result in the realisation and distribution of assets for the benefit of creditors. The legal framework…
Conditional Repayment Linked to Project Completion Not Financial Debt: NCLAT upholds NCLT’s Rejection of Insolvency Petition [Read Order] – Taxscan
Conditional Repayment Linked to Project Completion Not Financial Debt: NCLAT upholds NCLT’s Rejection of Insolvency Petition [Read Order] Taxscan Read the original article here
UK travel insurance broker enters liquidation – itij.com
UK travel insurance broker enters liquidation itij.com Read the original article here
End of the line for 27-year-old company in South Africa – BusinessTech
PSV Holdings Limited will delist from the Johannesburg Stock Exchange (JSE), with the company battling business rescue and liquidation proceedings for close to six years Founded in 1998, PSV is an industrial engineering holding company that provides industrial supplies, including steel and tools, as well as specialised services, such as gas systems. The company provided…